Business Context and Reporting Period
Company: Expedia, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: February 10, 2016
Reporting Period: Quarter and year ended December 31, 2015.
This filing announces the financial results for the fourth quarter and full year of 2015. The detailed earnings release is provided as Exhibit 99.1.
Key Financial Metrics
The provided text serves as a cover report and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being contained within the attached Exhibit 99.1 (Press Release) and Exhibit 99.2 (Company Overview).
Material Changes and Corporate Actions
- Dividend Declaration: The Executive Committee declared a quarterly cash dividend of $0.24 per share of outstanding common stock.
- Payment Details: Payable on March 30, 2016, to stockholders of record as of the close of business on March 10, 2016.
- Non-GAAP Measures: The company notes the use of non-GAAP financial measures in the accompanying earnings release.
Guidance, Outlook, and Management Commentary
Investor Presentations: Management intends to conduct presentations to investors and analysts during February, March, April, and May 2016. Slides for these presentations are attached as Exhibit 99.2.
Legal Disclaimer: Information regarding the results of operations (Item 2.02) and Regulation FD disclosure (Item 7.01) is not deemed "filed" under Section 18 of the Exchange Act and is not incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 for specific Q4 and full-year 2015 revenue, net income, and cash flow figures.
- Verify the dividend payment date (March 30, 2016) and record date (March 10, 2016) against brokerage statements.
- Examine Exhibit 99.2 for management's strategic outlook and presentation slides for the upcoming months.
- Check for any non-GAAP reconciliations in the press release to understand adjustments made to standard financial metrics.